Retired from business ownership. Fresh GST registration in India?

 

Retired from business ownership. Fresh GST registration in Ind

Retired from business ownership. Fresh GST registration in IndiaWe had been conducting business as a partnership and have been paying GST under the GST registration certificate of said firm. Now, I have discontinued from such partnership now. Should I need to continue the liability of paying tax?

 

As per schedule III of Indian GST Law, the transferee or the successor shall be liable to be registered with effect from such transfer or succession and he will have to obtain a fresh registration with effect from such date. (Schedule III of MGL).

 

 

 

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